DEL MAR, Calif. -- Fusaichi Pegasus, the 2000 Kentucky Derby winner who is unraced since finishing second in the Preakness Stakes, worked for the first time in three months on Thursday at Hollywood Park, breezing three furlongs in 39.40 seconds.

Trainer Neil Drysdale said he was pleased with the workout, the colt's first since May 15 in the days leading up to the Preakness.

"He went three furlongs, just cruising," Drysdale said. "He's carrying a bit more weight and is stronger."

Rested after the Preakness Stakes due to a foot problem, Fusaichi Pegasus resumed galloping at Hollywood Park in July and later at Del Mar. He returned to Hollywood Park last week, and galloped for a few days before the workout.

He was ridden on Thursday by exercise rider Andy Durnin, who commuted from Del Mar for the exercise.

"He went easily," Durnin said. "He's been galloping, so he's fit. It won't take long to get him ready."

Drysdale said Fusaichi Pegasus will leave in the next few weeks for New York, where he will prepare for the Breeders' Cup Classic at Churchill Downs in November. Drysdale plans to have about six horses in training in New York this fall.

Recently syndicated as a stallion, Fusaichi Pegasus will be retired at the end of the year, but is expected to have one or two starts before the Breeders' Cup.